FxWirePro :USD/JPY drifts above 162 as range trading persists 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
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FxWirePro- Major Pair levels and bias summary 
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch 
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates 
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: AUD/USD better risk puts bulls back in charge 
• USD/CNY strengthened on Monday as the yuan weakened, following China's central bank's pledge to stabilize the currency amid falling bond yields and capital outflows.
• The yuan is likely to experience greater downward pressure next year as Chinese authorities plan more monetary easing in response to a potential trade war with the U.S..
• On the data front, China's industrial output in November rose 5.4% year-on-year, accelerating from the 5.3% growth in October.
• However, retail sales, a measure of consumption, grew at their slowest pace in three months, increasing just 3.0% in November, compared to a 4.8% rise in October.
• At GMT 06.26,the dollar was up 0.11% at 7.278 against Chinese Yuan .
• Immediate resistance is located at 7.283(23.6%fib), any close above will push the pair towards 7.292(Higher BB)
• Support is seen at 7.266(Dec 13th low) and break below could take the pair towards 7.247(38.2%fib).
Recommendation: Good to buy around 7.270 with stop loss of 7.200 and target price of 7.350
